AustralianSuper Pty Ltd Boosts Stock Position in Mettler-Toledo International, Inc. $MTD

AustralianSuper Pty Ltd lifted its position in shares of Mettler-Toledo International, Inc. (NYSE:MTD) by 3.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 118,401 shares of the medical instruments supplier’s stock after purchasing an additional 3,415 shares during the period. AustralianSuper Pty Ltd owned 0.57% of Mettler-Toledo International worth $139,088,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. WPG Advisers LLC purchased a new stake in shares of Mettler-Toledo International during the first quarter worth about $41,000. Zions Bancorporation National Association UT purchased a new stake in Mettler-Toledo International in the first quarter worth about $43,000. Golden State Wealth Management LLC lifted its holdings in Mettler-Toledo International by 583.3% in the first quarter. Golden State Wealth Management LLC now owns 41 shares of the medical instruments supplier’s stock worth $48,000 after buying an additional 35 shares during the period. Sound Income Strategies LLC lifted its holdings in Mettler-Toledo International by 477.8% in the second quarter. Sound Income Strategies LLC now owns 52 shares of the medical instruments supplier’s stock worth $61,000 after buying an additional 43 shares during the period. Finally, Caitong International Asset Management Co. Ltd purchased a new stake in Mettler-Toledo International in the second quarter worth about $63,000. 95.07% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have commented on MTD shares. Weiss Ratings restated a “hold (c)” rating on shares of Mettler-Toledo International in a report on Saturday. Evercore ISI raised their price objective on shares of Mettler-Toledo International from $1,275.00 to $1,400.00 and gave the stock an “outperform” rating in a report on Tuesday, October 7th. Citigroup raised their price objective on shares of Mettler-Toledo International from $1,400.00 to $1,600.00 and gave the stock a “buy” rating in a report on Thursday, August 21st. JPMorgan Chase & Co. raised their price objective on shares of Mettler-Toledo International from $1,200.00 to $1,285.00 and gave the stock a “neutral” rating in a report on Thursday, October 9th. Finally, Bank of America raised their price objective on shares of Mettler-Toledo International from $1,260.00 to $1,390.00 and gave the stock a “neutral” rating in a report on Monday, September 22nd. Five investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $1,336.50.

Mettler-Toledo International Stock Performance

MTD stock opened at $1,435.51 on Monday. The firm has a 50 day moving average price of $1,297.24 and a 200-day moving average price of $1,209.37. Mettler-Toledo International, Inc. has a 52-week low of $946.69 and a 52-week high of $1,454.68. The firm has a market capitalization of $29.57 billion, a price-to-earnings ratio of 36.35, a PEG ratio of 4.31 and a beta of 1.37.

Mettler-Toledo International (NYSE:MTD) last released its earnings results on Thursday, July 31st. The medical instruments supplier reported $10.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $9.58 by $0.51. Mettler-Toledo International had a net margin of 21.46% and a negative return on equity of 476.07%. The firm had revenue of $983.22 million during the quarter, compared to analyst estimates of $957.41 million. During the same period last year, the business earned $9.65 earnings per share. The business’s revenue was up 3.9% on a year-over-year basis. Mettler-Toledo International has set its FY 2025 guidance at 42.100-42.600 EPS. Q3 2025 guidance at 10.550-10.750 EPS. As a group, sell-side analysts forecast that Mettler-Toledo International, Inc. will post 42.71 earnings per share for the current fiscal year.

Insider Activity

In other news, insider Gerry Keller sold 165 shares of Mettler-Toledo International stock in a transaction that occurred on Thursday, August 14th. The shares were sold at an average price of $1,308.64, for a total transaction of $215,925.60. Following the completion of the transaction, the insider directly owned 94 shares in the company, valued at approximately $123,012.16. This trade represents a 63.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Thomas P. Salice sold 1,062 shares of Mettler-Toledo International stock in a transaction that occurred on Wednesday, August 13th. The shares were sold at an average price of $1,300.90, for a total transaction of $1,381,555.80. Following the transaction, the director owned 283 shares of the company’s stock, valued at $368,154.70. The trade was a 78.96% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 1,827 shares of company stock worth $2,371,208. Insiders own 1.94% of the company’s stock.

About Mettler-Toledo International

Mettler-Toledo International Inc manufactures and supplies precision instruments and services in the Americas, Europe, Asia, and internationally. It operates through five segments: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations, and Other. The company’s laboratory instruments include laboratory balances, liquid pipetting solutions, automated laboratory reactors, real-time analytics, titrators, pH meters, process analytics sensors and analyzer technologies, physical value analyzers, density and refractometry, thermal analysis systems, and other analytical instruments; and LabX, a laboratory software platform to manage and analyze data generated from its instruments.